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Why did Silicon Valley Bank fail and is a financial crisis next? - Al Jazeera English + MORE Mar 14th
Why did Silicon Valley Bank fail and is a financial crisis next? Al Jazeera EnglishCanada, other governments hustle to stop Silicon Valley Bank crisis from spreading CBC NewsSilicon Valley Bank Paid Out Bonuses HOURS Before Collapsing & Lobbied For Years To Deregulate .... More »
Using a HELOC as an investment strategy: not as taboo as you might think + MORE Jul 25th
Ask MoneySense
I wish to leverage my HELOC to invest in dividend-paying investments. How would you advise I approach this? Is this an effective tax savings tool? Is there any financial institution or products you would advise?
—Martha
Borrowing from a home equity line of credit
You know,.... More »
Stock news: Air Canada leads TSX earnings roundup with guidance pause amid fuel uncertainty May 1st
Here’s a round-up of news for Canadian investors this week.
Air Canada
Canada Packers
Bombardier
Spin Master
Gildan
Featured RRSP Accounts
featured
EQ Bank
Build your ret.... More »
A tax fight has Canadians on democratic autopilot. That’s a problem. + MORE Sep 8th
Finance Minister Bill Morneau makes an announcement on housing in Toronto Monday, October 3, 2016. The federal government has announced measures intended to stabilize the real estate sector amid concerns that pockets of risk have emerged in some housing markets, particularly those in Toronto and Van.... More »
Markets slide as Trump's tariff war escalates - BBC.com Feb 3rd
Markets slide as Trump's tariff war escalates BBC.comForbes Daily: Markets Brace As Trump Triggers Trade War Among Allies ForbesMarkets in Asia, Europe slide as Trump starts wielding tariffs The Washington PostStocks tumble and dollar surges as Trump unleashes trade .... More »
A report in the Spanish press that 11 European banks are about to fail stress tests imposed by the European Central Bank pushed the euro lower and caused turmoil on European stock markets.
Bank of America says it will reimburse customers who were charged twice in Apple Pay glitch
– canadianbusiness.com
SAN JOSE, Calif. – Bank of America apologized Wednesday for a double-billing glitch that affected some customers who made purchases with Apple Pay, the new mobile payments service that Apple launched this week.
Some customers have reported they were charged twice for the same purchase when they used Bank of America debit cards with Apple Pay.
The glitch involved about 1,000 transactions, and all duplicate charges will be refunded, said Bank of America spokeswoman Tara Burke.
Apple said “a very small number of Apple Pay users” were affected. The Cupertino, California-based computer maker has not disclosed how many customers have used Apple Pay since it became available on Monday. Chief Financial Officer Luca Maestri told The Associated Press earlier this week that “a lot of people” had signed up.
Apple has touted the privacy and security features of the new service, saying it does not store credit card account numbers or purchase information. Instead, the company says it acts as a conduit for transmitting encrypted payment information to banks or card processors, who then send the necessary authorizations to merchants…
Some customers have reported they were charged twice for the same purchase when they used Bank of America debit cards with Apple Pay.
The glitch involved about 1,000 transactions, and all duplicate charges will be refunded, said Bank of America spokeswoman Tara Burke.
Apple said “a very small number of Apple Pay users” were affected. The Cupertino, California-based computer maker has not disclosed how many customers have used Apple Pay since it became available on Monday. Chief Financial Officer Luca Maestri told The Associated Press earlier this week that “a lot of people” had signed up.
Apple has touted the privacy and security features of the new service, saying it does not store credit card account numbers or purchase information. Instead, the company says it acts as a conduit for transmitting encrypted payment information to banks or card processors, who then send the necessary authorizations to merchants…
Canada’s main stock index dropped on Wednesday after a four-day winning streak as investors reacted nervously to monetary policy commentary from the Bank of Canada and news of shootings in Ottawa.
MARKET REPORT: TSX tumbles after series of gains – TheChronicleHerald.ca (registration)
– news.google.ca
TheChronicleHerald.ca (registration)MARKET REPORT: TSX tumbles after series of gainsTheChronicleHerald.ca (registration)TORONTO — The Toronto stock market tumbled more than 200 points Wednesday as markets gave back a chunk of gains collected over the previous four days of solid, triple-digit advances. The S&P/TSX composite index dropped 235.64 points to 14,312.07, …TSX dives as Ottawa shootings, energy drop hit sentimentReuters CanadaMost actively traded companies on the TSXCastanet.netStockhouse & the Bell: TSX tumbles 236 points: gunman shoots soldier outside …Stockhouseall 226 news articles »
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,312.07, down 235.64 points):
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Up 7.5 cents, or 115.38 per cent, to 14 cents on 12.1 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 34 cents, or 4.40 per cent, to $7.38 on 4.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 61 cents, or 1.56 per cent, to $38.48 on 4.5 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up two cents, or 0.55 per cent, to $3.63 on 4.4 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 23 cents, or 4.99 per cent, to $4.38 on 3.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 47 cents, or 1.76 per cent, to $26.27 on 3.9 million shares.
Companies reporting major news:
Canadian National Railway (TSX:CNR). Transportation. Down 50 cents, or 0.66 per cent, to $75.18 on 2.1 million shares. The country’s largest railway posted net income of $853 million in its most recent quarter, up 21 per cent from a year earlier, while revenues grew 16 per cent to a record $2…
Toronto Stock Exchange (14,312.07, down 235.64 points):
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Up 7.5 cents, or 115.38 per cent, to 14 cents on 12.1 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 34 cents, or 4.40 per cent, to $7.38 on 4.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 61 cents, or 1.56 per cent, to $38.48 on 4.5 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up two cents, or 0.55 per cent, to $3.63 on 4.4 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 23 cents, or 4.99 per cent, to $4.38 on 3.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 47 cents, or 1.76 per cent, to $26.27 on 3.9 million shares.
Companies reporting major news:
Canadian National Railway (TSX:CNR). Transportation. Down 50 cents, or 0.66 per cent, to $75.18 on 2.1 million shares. The country’s largest railway posted net income of $853 million in its most recent quarter, up 21 per cent from a year earlier, while revenues grew 16 per cent to a record $2…
